MID-YEARUPDATE2023WorldEconomicSituationandProspectsTheWorldEconomicSituationandProspectsasofmid-2023updatestheWorldEconomicSituationandProspects2023releasedon25January2023.ThereportispreparedbytheGlobalEconomicMonitoringBranchintheEconomicAnalysisandPolicyDivisionoftheUnitedNationsDepartmentofEconomicandSocialAffairs.WorldEconomicSituationandProspectsMID-YEARUPDATEWorldEconomicSituationandProspectsasofmid-2023Theworldeconomyisfacingsevereheadwindsamidweakgrowthprospects,elevatedinflationandheighteneduncertainties.Aconfluenceoffactors–legacyeffectsoftheCOVID-19pandemic,thelingeringwarinUkraine,theever-worseningimpactofclimatechangeandrapidlyshiftingmacro...
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